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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$259,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Build your dream home on this 2.47-acre lot with stunning mountain views and a reliable well already in place. The property features a seasonal creek, beautiful trees, and easy access to town, making it a perfect choice for your new home. With only one restriction against old mobile homes, you have the freedom to create your ideal living space. Don't miss this affordable opportunity to own a piece of paradise just 10 minutes away from town and conveniently located on a school bus route. Visit this must-see property and envision the endless possibilities it offers for your future home. (id:39198)
Location
Province
British Columbia
City
Creston
Address
Lot 3 - Lot #3 Simmons Road
Postal Code
V0B1G7
Location Highlights
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Listed by
Malyk Realty British Columbia listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$259,900
Asking Price
$259,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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